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Public Statements

Proposing a Balanced Budget Amendment to the Constitution

Floor Speech

By:
Date:
Location: Washington, DC

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Mrs. BLACKBURN. Mr. Speaker, I would encourage my colleagues in this body to consider the balanced budget amendment and to support it.

I do rise in support of this amendment because hardworking taxpayers know that out-of-control spending in Washington is killing job creation and economic growth. In less than 3 years, President Obama and his administration have added $4.3 trillion to our national debt, which is now over $15 trillion. Astounding. That is $47,900 for every American. Is it really fair for our children and grandchildren to have to shoulder that kind of debt for programs they don't want and having to pay for it with money they don't have? Is that really fair?

The Obama economy is stifling the ability of small businesses and hardworking taxpayers to achieve their goals and dreams. It is time to rein in wasteful Washington spending. It is time to stop the madness.

We need a permanent solution to the fiscal problems that are plaguing this economy, and the clear and commonsense solution is to pass this balanced budget amendment. It's not a new idea. Every year in my State of Tennessee, our State, cities and counties across our State all balance their budget, and 49 other States do. Passing a constitutional mandate would require Congress to balance the budget every year and legally obligate this body to spend only what it takes in.

We can no longer kick the can down the road. We can't wait to replace Washington's blank check with the checks and balances necessary to provide true fiscal responsibility. Passing the balanced budget amendment is an effective component of accountability and spending control. Washington mandates too much, spends too much, takes too much, and takes our freedom.

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